OliveX Holdings Limited (NSX:OLX) entered into a share purchase agreement to acquire Six to Start Limited for $9.5 million on March 2, 2021. Under the transaction, purchase price for an initial cash of $4.3225 million and share consideration equivalent of $2.3275 million and deferred, performance based, consideration in cash of $1.14 million and shares of up to $1.71 million subject to the Milestones will be paid to the shareholders of Six to Start. As per the transaction, OliveX Holdings Limited will raise upto $6.16 million (AUD 8 million) for the acquisition of Six to Start Limited. As part of the acquisition, Adrian Hon, Chief Executive Officer and founder of Six to Start will become Chief Innovation Officer at OliveX whilst continuing in his role as Executive Director of Six to Start – further driving the growth of Six to Start and the execution of the Company’s innovation strategy. The acquisition is unconditional, with completion set for May 31, 2021. The deal is expected to be completed by June 21, 2021. Tom Ward, Andrew Loan and Andy Oliver of Fieldfisher LLP acted as legal advisor to Six to Start in transaction. OliveX Holdings Limited (NSX:OLX) completed the acquisition of Six to Start Limited on July 2, 2021.